This is with reference to the Scheme of Amalgamation and Arrangement filed with the Stock Exchanges involving the Company, its subsidiary Max Life Insurance Company Limited, HDFC Standard Life Insurance Company Limited and Max India Limited. In this regard, we have come across media news / press reports about certain developments on the proposed merger, but have not received any formal confirmation in this regard from any regulator / Governmental authority. The Company will disseminate further information, as necessary or required, upon receipt of formal communication. You are requested to take the aforesaid on record.